Kingfisher Airlines has objected to being identified as a 'wilful defaulter' by state-run UCO Bank, which had sent a notice following non-repayment of a Rs 450 crore or Rs 4.50 billion loan by the......

A top SBI official said this was part of an aggressive action by the lenders after Kingfisher Airlines defaulted on payments on loans worth Rs 7,000 crore (Rs 70 billion). State Bank of India has......